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emmasim [6.3K]
3 years ago
7

Wall Street performs a sort of "financial alchemy" enabling the individual to benefit from institutions lending money to them, a

ccording to Adam Davidson, cofounder of NPR’s "Planet Money." Individuals can invest small amounts of their money in a 401(k), pooling their capital and spreading the risk. Assume you invested in Fidelity New Millennium, FMILX, one of the "10 Best Rated Funds" by The Street. How much would you pay for 80 shares if the 52-week high is $34.24, the 52-week low is $28.54, and the NAV is $41.06? (Round your answer to the nearest cent.)
Business
1 answer:
Dovator [93]3 years ago
7 0

Answer:

$3,284.8

Explanation:

Calculation to determine How much would you pay for 80 shares

NAV= 80 shares x $41.06

NAV = $3,284.8

Therefore based on the information given the amount you would you pay for 80 shares if the 52-week high is the amount of $34.24, the 52-week low is the amount of $28.54, and the NAV is the amount of $41.06 is $3,284.8

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Mary was recently hired at Marshall Industries as a repairperson. Upon starting her new job, she was informed that if she chose
Elena-2011 [213]

Answer:

D.agency shop agreement

Explanation:

Agency shop agreement is one where a company or employer is allowed to employ both union and non-union workers. This does not affect existence of the Union.

The employees who are non-union members however need to pay a fee for collective bargaining cost. This fee is called agency fee.

In the given scenario Mary chose not to join the union representing her fellow repair workers, she would still have to pay a fee to the union.

She is part of a agency shop agreement

8 0
3 years ago
_____ determine what sales volume must be reached before the company's total revenue equals total costs and no profits are earne
Rainbow [258]
Break even analysis determines <span>what sales volume must be reached before the company's total revenue equals total costs and no profits are earned. It is the calculation of the point at which total revenue equals total cost. Break even analysis is helpful in letting businessmen know when their business will turn a profit so the prices of their goods or the amount of goods sold can be adjusted accordingly.</span>
3 0
3 years ago
Albright Motors is expected to pay a year-end dividend of $3.00 a share (D1 = $3.00). The stock currently sells for $30 a share.
Viefleur [7K]

Answer: 14.4%

Explanation: The G that we are computing in this question is the sustainable growth rate, it is the growth rate that a company can attain and maintain without any problem.

we know that,

growth = (retention ratio)*(return on equity)

growth = (1- dividend payout ratio)*(return on equity)

growth\:=\:\left ( 1-\frac{3}{30} \right )*\left ( 0.16 \right )

growth = 14.4%

3 0
3 years ago
When a contractor seeking external projects prepares to submit a proposal, it is really conducting a small project with the prim
irina [24]

Answer: True

Explanation: By conducting a small project as a proposal, a contractor is actually showing in a small scale that he is both capable, is the right man for the job (external project) and is able to ensure the external project is completed with its goals and objectives accomplished. It is these goals that drive the project, and all the planning and implementation . As such, the project has to be compelling and complete.

True gives the answer to the question.

3 0
3 years ago
Read 2 more answers
In order to price discriminate, a firm must
Andreyy89

Answer:

A. have permission from the government.

B. face a downward-sloping demand curve.

C. set price equal to marginal cost.

D. be sure the price-marginal cost ratio is the same for all its submarkets.

Explanation:

8 0
3 years ago
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